Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, even when the price is hovering around $20,000, a bitcoin miner with these attributes can still operate profitably.
‘Bitcoin Fundamentals Rarely Change’
The drop in value of bitcoin from just under $30,000 at the start of June to below $20,000 by mid-month is believed to be one of the…
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